earnings
confidence high
sentiment neutral
materiality 0.55
Suburban Propane Q2 net income $137.5M ($2.07/unit); adjusted EBITDA flat at $175.3M
SUBURBAN PROPANE PARTNERS LP
2026-Q2 EPS reported
$2.75
revenue$921,592,000
- Net income $137.5M ($2.07/unit) vs $137.1M ($2.11); adj. EBITDA $175.3M flat YoY.
- Retail propane gallons sold 161.6M flat YoY; gross margin $343.7M down $1.6M.
- Reduced debt by $64.3M; consolidated leverage ratio improved to 4.34x.
- Quarterly distribution $0.325/unit declared, payable May 12, annualized $1.30.
- RNG PTC benefit $3.5M recognized; new facilities expected to add ~200K MMBtu/yr.